NewswireToday - /newswire/ -
Teaneck, NJ, United States, 2016/02/05 - Cognizant has been named among the top companies paving the way in the autonomics market by HfS Research, a leading independent global analyst firm for the business and IT services industry - Cognizant.com. NASDAQ: CTSH
HfS describes autonomics as “a diverse set of systems in the context of service delivery around the following key concepts: cognitive computing, machine learning and artificial intelligence. Key characteristics are self-learning and self-remediating systems.”
In the first of its kind report, the “2016 Premier League for Autonomics”, Cognizant ranks No. 4 among 22 companies identified by HfS as leaders in the developing market of business autonomics and cognitive computing. These IT and business process service providers were evaluated on six criteria:
- Vision and credibility of autonomics strategy;
- Breadth and maturity of internal tools and external partnerships for autonomics;
- Scale of deployments;
- Commercial traction;
- Effectiveness of marketing effort behind Autonomics strategy.
Cognizant was recognized for strong thought leadership on autonomics, and for its proprietary autonomics platform, HPA, which differentiates its offering from others in the market. HPA incorporates process automation, artificial intelligence and machine learning into business process automation as-a-service.
“Cognizant deserves credit for providing a strong vision and thought leadership for how autonomics will evolve,” said Tom Reuner, Managing Director for IT Outsourcing Research, HfS Research. “The Automation Venture within Cognizant’s Emerging Business Accelerator organization is driving autonomics and other automation approaches across organizational boundaries.”
“One of the greatest challenges facing enterprises today is reimagining their operations to simplify, automate and leverage analytics to drive greater business value,” said Sean Middleton, Chief Operating Officer, Emerging Business Accelerator, Cognizant. “We believe that process digitization coupled with intelligent automation, autonomic and cognitive services will have a profound impact on how successfully companies navigate this transition.”
Headquartered in Teaneck, New Jersey, Cognizant (cognizant.com) combines a passion for client satisfaction, technology innovation, deep industry and business process expertise and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and approximately 219,300 employees as of September 30, 2015, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000 and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world.